Workers worried about job security

Written By: - Date published: 11:42 am, January 12th, 2012 - 33 comments
Categories: employment - Tags:

Eorkmployment confidence has plunged to its lowest level in 2 years, according to the latest Westpac survey. A bosses’ shill says workers are wrong to be worried about their jobs. Unfortunately, the bosses have been promising us that everything’s going to be OK for four years now, and workers have a good track record on picking the state of the job market.

It’s not the level of the confidence index but the change in that level that matches well with changes in employment levels a quarter later (0.42 correlation for you geeks)

If the pattern holds, there is likely to have been little or no job growth in the December quarter and possibly a small decrease in March. Given the economy needs to create 120 jobs per weekday to keep up with population growth, no wonder workers are feeling less certain about being able to get and keep a job.

Dean

33 comments on “Workers worried about job security”

  1. randal 1

    hey if you rich you can afford a bentley or a rolls but if you work then you are on the edge.
    see front page of todays dompost.
    the rentiers are creaming it but the workers are being driven into despair.
    New Zealand has been driven inot banana republic status by the bean counters and rest who want a lifestyle while workers are struggling to survive.
    post modern madness.

  2. prism 2

    That’s Lifestyle – with a capital L randal. Most of the rest of us have a lower case lifestyle – that is being eaten away letter by letter – down to lifestyl already.

  3. infused 3

    What period does this graph even cover?

  4. Lanthanide 4

    From the shill link:

    New Zealand was over surveyed and some of the survey results started to feed on themselves, he said.

    I really have no idea what that is supposed to mean. It does sound quite alarming, though.

    • John McKenzie 4.1

      It means that the results of previous surveys are influencing subsequent surveys.

      People read the results of surveys and hear that others are worried, so they too become worried. A positive feedback loop.

      • Colonial Viper 4.1.1

        Maybe some blindingly upbeat business news stories in the MSM would be helpful?

      • Lanthanide 4.1.2

        It seems to be saying two things, actually:

        “New Zealand was over surveyed”

        and

        “some of the survey results started to feed on themselves”.

        I still don’t know what the first one means. I also think the second one is quite possibly bullshit: when you answer a survey, do you remember the previous survey results and are influenced by them, or are you influenced by the 20x business news stories you read about in the past 2 weeks in the newspapers that talk about general business conditions being good/bad?

      • prism 4.1.3

        Sounds like the sharemarket.

  5. Tombstone 5

    This country is going down the pan and what the fuck is being done about it? Nothing. That’s what. People still insist on National having gotten it right and yet if they had why the hell do all the stats look so fucking bad? How stupid do you have to be to understand one simple little equation – bad does not equal good! Fuck tinkering with the welfare state and worrying about attacking unions and worker’s right – get on with creating some fucking jobs you bunch of muppets! Jobs jobs fucking jobs Mr Key – simple!

    • Monty 5.1

      actually tombstone the majority think the Nats have it right – and that is why they were re-elected on 26 Nob 2011. We also like what the Nats are going to do, such as welfare reform, instead for example – the Labour policies which were going to reward people on the benefit by paying them $70 per week more, and spending $16 billon the country did not have. (plus the $25b of the Greens and $40b that Winston was promising.

      The nats are struggling with the legacy of the Clark years, massive deficits not of their making (earthquakes and WFF for example) and amassive international financial meltdown. But progress is being made in this difficult economic climate, and in time the benefits of the slow restructure of the economy will benefit all NZ

      • Spratwax 5.1.1

        Here we go-the blame it on Helen Clark broken record-Fuck off! How about Nats tax cuts for the rich costing $300million a week!The Clark years were surplus years. It’s the old right wing trick- borrowing money because of tax cuts to the rich then saying they’ll have to make cuts to government spending-i.e. social spending and sell off strategic public assets ( to the rich, of course) to ‘balance the budget’. An old trick pulled every time a National or Conservative Government gain power.

        The transfer of wealth and resources to the wealthy elite- pure and simple.. and if you’re not part of this elite, then I personally feel sorry for your naivety, your gullibilty, and of course your inferiority complex, which drives your need to aspire to and support the elite, even though you haven’t a hope in hell of joining their ‘club’. Pitiful!

      • higherstandard 5.1.2

        Are you taking the piss Monty ?

        We’ve had a term of National and Key and apart from a few minor tweaks I haven’t seen a great deal of difference.

      • Tombstone 5.1.3

        What a load of total wank and you know it. This country is fucked and Key is in charge – grow a set you spineless bastards and start taking some of your party failings on the chin for once because every time you mention Helen it just sounds like gutless whining to me. If the books were left in such an appalling state as you lot keep on claiming then what made National think giving massive tax cuts to the rich was (a) smart economics when that money would ultimately have to be borrowed and (b) good for the country as a whole? How has it made for a better NZ? No one I know is any better off. In fact most people I know are worse of now than what they ever were under Labour and ps don’t go using the earthquakes down here to justify your failed policies because to me that’s just a fucking insult.

      • Colonial Viper 5.1.4

        actually tombstone the majority think the Nats have it right – and that is why they were re-elected on 26 Nob 2011.

        The minority think the NATs have it right.

        That’s why they failed to gain a one party governing majority.

      • Monty – have you been drinking???

      • Monty – boy, you been at the sherry bottle again?!?

      • prism 5.1.7

        The Nobs sure took over in the Nov elections (by a slim margin say 9!)

    • Hami Shearlie 5.2

      It’s just too hard to think about creating jobs for the “underclass” – I’m too busy sipping pineapple cocktails, and floating around in my olympic size pool – But Aloha anyway – Love John-John xxx

  6. beachbum 6

    Hard graph to follow – it depends on the timelines. If you go from the big dip to the latest part and ignore the last dip, then the trend shows some improvement but I guess it depends if that last dip continues or not.

    Surely if employment numbers improve, then people will have more confidence in staying employed. But then it depends what employees views are influenced by – e.g. MSM can be alarming at times, it may not just be job growth but there does appear to be a fair correlation in the above graph.

  7. randal 7

    of course workers are worried.
    national gutted the productive economy in the 1990’s and now anyone not employed in primary production is surplus to requirements.
    meanwhile the nashnil gubmint is busy redistributing as much wealth as it can to its hangers on and the religous klingons so they can retain power and not do anything.

  8. mik e 8

    more spin is their policy

    • mik e 8.1

      Retrenchment is the rights answer to everything that’s the way a business is run during a recession depression now.So right wing business friendly govts think that’s the way to run a country wrong !
      Retrenchment leads to a downward spiral that keeps going down.

  9. warren 9

    Why are the port workers being denied their aspirations?
    Where is the Port management’s optimism that good times are just around the corner?
    Haven’t they been listening to our Prime Minister? We are aspirational and optimistic remember!
    Though I must confess to a little concern that “step change” seems to have disappeared from the PM’s lexicon, I remain positive that Key is committed to his aspiration and optimism.

  10. Vote Labour? 10

    Bus drivers in the tourist industry having seen Helen Clark’s globalised property market and subsequent over development are now seeing their share of the work decline while Chinese speaking (as in born in China) bus drivers take over. They work under poor conditions (eg share rooms) while relying on tips and commisions to prop up very measly wages.

    [lprent: You are already under a permanent ban, and this pile of wishfull bullshit just puts you into autospam. Talk about stringing crap together with no understanding. ]

    • Shona 10.1

      Que ?? Helen Clark was responsible for the globalised property market? WTF! What over development ? Long bow you’re drawing there Vote Labour.
      Anyone with half a brain knew the tourist boom would die out due to peak oil if nothing else.
      Tourism never was and never will be a replacement for manufacturing, or public funding of science research to cite 2 examples of stimulating the economy constructively and with a long term visionthat will keep our young people here.The wasted lives of so many of the young people I have taught and watch grow up breaks my heart most days. Underachievment is the norm in order to secure employment. And the Nactional scumbags couldn’t give a rats arse about native born kiwis they want dumbarse Chinese tour bus operators here undermining our working conditions, you moron.

  11. Eduardo Kawak 11

    Why do we need a graph to show that when there are less jobs available, people are less secure about jobs? Utter nonsense.

  12. Jum 12

    Perhaps Key forgets that when his plan to get rid of unionised workers i.e. empowered workers, goes ahead as Gibson is doing now, those workers will be pretty pissed.

    His next attack will be against the teachers – already started, and the beneficiaries (does that include the government beneficiaries?) – and will start a chain of events, of strengthening of Kiwis – I hope so. Finally, people might start defending one another’s right to job security and fair pay in New Zealand, instead of being conned by Key’s individual responsibility crap which just means weakened worker rights. People are far more responsible from a base of job security and a higher self esteem in which a country’s government is supporting them, not trying to divide and destroy them.

    I saw that Herald photo of the port worker’s wife and children there to support him – that’s the fallout of these power games by Gibson and his ilk. One husband possibly out of work, one wife and 4? young children hoping that if the port worker continues to work at the port on the new ‘flexible hours/shifts’ they can pay for their shelter, their power, their food, their clothing, their schooling, their transport…

    That is 6 people in one family affected by Gibson and the backers behind his plan to break down workers’ job security. Gibson is intending to destroy the futures of 329 more plus the family members of those 329 men. With a family of say a wife and two children that is another 1000-plus people affected by this nasty little operation.

    This is not about efficiencies; this is not about flexible productivity – we know that.
    This is about the engineering of New Zealanders to accept whatever they are given and to remove the independence of New Zealand as a sovereign country.

    So far Key is succeeding; his masters will be pleased.

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    Scottish appeal court judges have declared that Boris Johnson’s decision to suspend parliament in the run-up to the October Brexit deadline is unlawful. The three judges, chaired by Lord Carloway, Scotland’s most senior judge, overturned an earlier ruling that the courts did not have the powers to interfere in the prime ...
    2 weeks ago
  • Let me explain what I meant by Everyday New Zealanders
    By Simon Bridges. The following is a press release from the office of Simon Bridges, leader of The National Party. Key ora, New Zealand. Happy Maori Language Week. Look, I’m writing to you today because I want to clear something up. There’s been a lot of kerfuffle around some things ...
    The CivilianBy admin
    2 weeks ago
  • Yes, the SIS is subject to the Public Records Act
    I understand there's some stuff going round about how the SIS "was removed from the list of public offices covered by the Public Records Act in 2017". The context of course being their records derived from US torture, which will be disposed of or sealed. The good news is that ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • An evidence-based discussion of the Canadian fluoride/IQ study
    Dr. Christopher Labos and Jonathan Jarry discuss the recent Canadian fluoride/IQ research. They provide an expert analysis of the paper and its problems. Click on image to go to podcast. The critical debate about the recent ...
    2 weeks ago
  • Climate Change: Australia in denial
    Australia is burning down again, and meanwhile its natural disaster minister is denying climate change:Australia’s minister responsible for drought and natural disasters, David Littleproud, has said that he doesn’t “know if climate change is manmade”. Clarifying earlier comments that the question is “irrelevant” when considering the Coalition government’s response to ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Philippines activist speaking on the Duterte tyranny
    Auckland Philippines Solidarity is excited to host Professor Judy Taguiwalo for a speaking tour of NZ in September. She is a well-known activist in the Philippines and was a political prisoner under the Marcos dictatorship. Professor Taguiwalo briefly served as a Cabinet member under President Duterte but was forced from ...
    RedlineBy Daphna
    2 weeks ago
  • Disgust
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    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Speak Up for Women calls out Greens’ censorship
    This open letter to the Green Party was penned after an opinion piece by Jill Abigail, a feminist and founding member of the party, was censored by the Greens’ leadership. (Redline has reprinted her article here).The intolerance of the Green Party leaders and their acceptance of the misogyny of gender ...
    RedlineBy Daphna
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  • Member’s Day: End of Life Choice, part 3
    Today is a Member's day, and David Seymour's End of Life Choice Bill continues its slow crawl through its committee stage. They're spending the whole day on it today, though the first hour is likely to be spent on voting left over from last time. After that they'll move on ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Flight to Los Angeles turned back after passengers decide they don’t want to go anymore
    An ambitious plan to fly to Los Angeles petered out into a brief sight-seeing trip and a desire to return home and get some sleep before work tomorrow. Air New Zealand has confirmed a flight to Los Angeles last night was turned back about a quarter of the way into ...
    The CivilianBy admin
    2 weeks ago
  • Indigenous Futures: defuturing and futuring – an analytical framework for policy development?
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    EllipsisterBy Ellipsister
    2 weeks ago
  • Cadbury rumoured to be releasing the Pineapple Trump
    Here’s another novelty chocolate to shove in your gob, New Zealand Cadbury could be seeking to make itself great again with a rumoured new release: Pineapple Trumps, a spin on its classic chocolate-encased pineapple treat and do-it-yourself tooth remover. The global confectionery manufacturer and bumbling “before” character in an infomercial, ...
    The CivilianBy admin
    2 weeks ago
  • The coming resource war.
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    KiwipoliticoBy Pablo
    2 weeks ago
  • Māori Language Week with The Civilian
    Kia ora, Aotearoa. It’s that magical time of year. Te Wiki o te Reo Māori. In English, the week that frightens talk radio. As you probably know by now, all your favourite media outlets are participating, some more successfully than others. Stuff has changed its name to Puna for the ...
    The CivilianBy admin
    2 weeks ago
  • Will Horizons act on climate change?
    Local body elections are coming up next month. And it looks like all Palmerston North candidates for Horizons (the Manawatu-Whanganui Regional Council) want to take action on climate change:Climate change is set to be a key issue in Palmerston North for the next three years if those wanting to get ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • BORA reform is stalled
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    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Corbyn and Brexit
    As the Brexit saga staggers on, the focus is naturally enough on the Prime Minister and his attempts to achieve Brexit “do or die”. But the role played by the Leader of the Opposition is of almost equal interest and complexity. The first problem for Jeremy Corbyn is that he ...
    Bryan GouldBy Bryan Gould
    2 weeks ago
  • A ditch for him to die in
    Last week, English Prime Minister Boris Johnson boldly declared that he would rather die be dead in a ditch than delay Brexit. Unfortunately for him, the UK parliament accepted the challenge, and promptly dug one for him. The "rebellion bill" requires him to ask for and secure yet another temporary ...
    No Right TurnBy Idiot/Savant
    2 weeks ago
  • Warning! Warning! Danger Jacinda Ardern! Danger Marama Davidson! Warning!
    Lost In Political Space: The most important takeaway from this latest Labour sexual assault scandal, which (if I may paraphrase Nixon’s White House counsel’s, John Dean’s, infamous description of Watergate) is “growing like a cancer” on the premiership, is the Labour Party organisation’s extraordinary professional paralysis in the face of ...
    2 weeks ago

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